Are Companies Bound By Moral Obligations?

Companies like Google that were founded with an altruistic mission statement to "organize the world's information and make it universally accessible and useful" alludes to the notion that the firm operates in a way where it has the moral high ground over all of the other firms that are driven purely by profits. But is this still the case? And does Google or any other company like Facebook have any moral obligations to the consumer when they eventually become this intertwined with everyday life? I will be approaching this question from two contrasting viewpoints and provide arguments from each side while providing details of relevant recent events that highlight the need for this discussion to take place.